Hi guys. I am giving the exam in December. I haven’t bought any study packages. Reading just the CFAI printed books. Any recommendations?
I’m attending CFA level 1 in 2017 hopefully and I’m thinking about buying Mr Arif course to help out clear few things. I would like to ask is it worth the $ 600+ To go on with it or not? I hope to have your advice on the matter since this is my first attempt
thanks in advance guys
Has anyone experienced an easier time with the CFAI questions compared to any of the prep packages? I am using Kaplan Schweser and although I find it easier to study the material using the Kaplan books compared to the CFAI books, I am finding the CFAI questions easier compared to the Kaplan questions. Is this done on purpose by Kaplan?
I was having a hard time with the Kaplan questions so I decided to give the CFAI questions a try and I am much more confident answering the CFAI questions compared to the Kaplan questions. Let me know what you guys have experienced.
Hi Guys, I am first time CFA L1 taker in December 2016. I got the package from schwesers and looks like each book has more them 300 pages reading. can any one please suggest do i really have to read every page or there is different way to study this material. Thank you for your advise in Advance
Quit surfing forums and get interested in what you are studying. Too many of the forum population are average individuals who simply do not study enough. But they are exceptionally good at getting worried and get others worried.
You will thank me then.
The total variable cost (variable cost per unit times units produced) is measured by the area beneath the supply curve
Institute, CFA. 2016 CFA Level I Volume 2 Economics. CFA Institute, 07/2015. VitalBook file.
The citation provided is a guideline. Please check each citation for accuracy before use.
What about fixed costs? In the diagram in the book, the supply curve starts at some value. I’m guessing the intercept with the price axis is the fixed costs? No?
I was just wondering if you could evaluate my Kaplan Schweser question bank performance. Heres what I look like:
Questions Done: 8.46% or 466 questions answered
Topics Done: All of quant and economics, done SS7 and most of SS8 in FRA.
Should I be doing more prep and EOC questions before doing Q-bank tests, or is my progress okay for now? And yes, I know my average will drop once I get into SS9 as everyone says.
Please see the below problem
what is the difference between Invested Capital and Total Assets?
Total Assets = whole left side of a balance sheet include cash?
Invested Capital = Equity + Debts?
In many cases I see: Total Assets > Invested Capital
But shouldn’t be Assets equal to Capital?
Can anyone explain me in greater detail about the APR (Annual Percentage Rate) and APY (Annual Percentage Yield) w.r.t the bleow problem.
A bank quotes Certificate of Deposit (CD) yields both as annual percentage rate without compounding and as annual percentage yield (APY) that include the effects of monthly compounding. A $100,000 CD will pay $110,471.31 at the end of the year. Find the APR and APY the bank is quoting.
Thanks in Advance.